Elina Spyrou

Contracting for Long-Duration Energy Storage in Incomplete Risk Markets

Adam Suski, Elina Spyrou, Jacob Mays, Richard Green

Long-duration energy storage (LDES) is increasingly regarded as essential for reliability in decarbonized power systems. To encourage investment, policymakers introduce contracts, such as cap-and-floor schemes. So far, these schemes have only been evaluated using exogenous revenu…Read more